(1831-34) C.Bechtler Five Dollar, 150G. 20C. AU 55 PCGS.
Kagin-15, Breen-7743. Struck by Christoph Bechtler in the Fall of
1831. The first of two remarkable examples of this rare issue. This
piece was struck very slightly off center but has full border beads
on the obverse and reverse. Both sides show medium, natural
green-gold and pale coppery color and are free of any of the marks
or hairlines typically seen.
This variety is significant due to its status as the first half
eagle produced by the Bechtler Mint. It has long been regarded as a
rarity and it is estimated that 15 to 20 pieces are known. We have
never seen or heard of a Mint State piece and can trace only 5 or 6
distinct AUs. Listed on page 274 of the 1998 Guide Book. (PCGS# 10118)